Wednesday 31 May 2023

Deadline: Warner Bros Discovery and Liberty Global Eye $1.2B Sale Of ‘The Traitors’ Super-Producer All3Media

Story from Deadline:

All3Media, the British super-producer behind hits including The Traitors and 1917, is up for sale.

Tuesday 30 May 2023

Broadband TV News: Sky Deutschland to axe three TV channels

Story from Broadband TV News:

German pay-TV broadcaster Sky Deutschland is removing three channels from its TV line-up.

Saturday 27 May 2023

Deadline: Nick Meyer Departing As eOne President Of Film

Story from Deadline:

Nick Meyer has just informed his staff that he’s exiting as eOne’s President of Film when his contract ends next month.

Thursday 25 May 2023

Deadline: Showtime Research Exec Kim Lemon Departs Company After 34-Year Run, With MTV And Paramount EVP Laurel Weir Expanding Role To Include His Duties

Story from Deadline:

Kim Lemon, who rose to EVP of Data Strategy, Research, Scheduling and Programming at Showtime during a 34-year run, is departing the company.

Deadline: Shari Redstone’s National Amusements, Paramount Global’s Controlling Shareholder, Gets $125M Investment From BDT Capital Partners

Story from Deadline:

National Amusements, the controlling shareholder of Paramount Global run by Shari Redstone, has received a $125 million preferred equity investment from BDT Capital Partners.

Deadline: CNN Sets Republican Town Hall With Mike Pence; Dana Bash To Moderate

Story from Deadline:

CNN has lined up its third Republican presidential town hall.

Deadline; ‘Transformers One’: Paramount Pushes Date For Animated Feature

Story from Deadline:

Paramount has pushed back the release date for Transformers One, the newest animated feature in the Transformers franchise that was unveiled at CinemaCon in April.

Deadline: Disney Begins Round Of Layoffs Outside The U.S.

Story from Deadline:

The layoffs impacting thousands of Disney staff in the U.S. have spread to Europe, the Middle East, and Africa.

Wednesday 24 May 2023

Deadline: Warner Bros. Discovery CFO Sees Big Ad Upside From HBO Content On New Max, Says “So Far So Good” On Launch

Story from Deadline:

Warner Bros. Discovery CFO Gunnar Wiedenfels sees advertising on HBO content as a major untapped revenue stream as the compay relaunched its HBO Max streaming service yesterday as Max, a shift he described as going “so far, so good.”

Hollywood Reporter; Warner Bros. Discovery CFO On Streaming Bundles: “I Don’t Think It’s an Easy Thing to Pull Off”

Story from Hollywood Reporter:

Warner Bros. Discovery CFO Gunnar Wiedenfels has talked up Max, the studio’s revamped streaming service combining programming from both the original HBO Max streaming service and Discovery+ after it launched Tuesday.

Deadline: Peacock Weighs In On HBO Max’s Rebranding With R-Rated Name Change Suggestion Of Its Own

Story from Deadline:

The rebranding of Warner Bros. Discovery’s streaming platform HBO Max became effective today with Max officially launching.

Tuesday 23 May 2023

Digital TV Europe: Warner Bros. Discovery launches Max streaming service

Story from Digital TV Europe:

Max will introduce a new Ultimate Ad-Free tier that will offer four concurrent streams, up to 100 offline downloads and nearly eight times more films and episodes of 4K UHD content than HBO Max for $19.99 per month or $199.99 per year.

Broadband TV News: Viaplay promotes Cecilia Gave

Story from Broadband TV News:

Viaplay Group has appointed Cecilia Gave as EVP and head of sports, effective immediately.

Monday 22 May 2023

Hollywood Reporter: Paramount Global Rebrands Its International Studios Business With New Focus

Story from Hollywood Reporter:

As Paramount Global refocuses its operations on a global mindset and local execution, it’s unveiling a new name and mission for its studios operations across markets that will now concentrate on high-end scripted content that can drive growth at Paramount+.

Deadline: Disney Begins Third Round Of Planned Layoffs

Story from Deadline:

The third wave of layoffs at Disney got underway today, sources tell Deadline.

Deadline: Warner Bros. Discovery Set For More TV Layoffs This Summer

Story from Deadline:

Warner Bros. Discovery is set to undergo another round of layoffs in its television business.

Deadline: Perry Sook, CEO Of CW Parent Nexstar, Says Hollywood Has “Responded” To Network Overhaul; Sports Rights Talks “Steady” In Wake Of LIV Golf Deal

Story from Deadline:

Nexstar CEO Perry Sook says the Hollywood community has “responded” to the company’s overhaul of The CW, and sports rights conversations have been “steady” since the company started airing LIV Golf this year.

Hollywood Reporter: David Zaslav Gets Booed at Boston University Graduation Amid the Writers Strike

Story from Hollywood Reporter:

David Zaslav was met with boos and angry chants from students after taking the stage at Boston University on Sunday to accept his honorary degree and give the 2023 commencement speech.

Deadline: Warner Bros. Discovery Reviewing UK TV Commissioning Strategy In Light Of Tough Economic Situation

Story from Deadline:

Warner Bros. Discovery is reviewing its TV commissioning and editorial strategy in the UK due to the tricky economic headwinds, Deadline understands.

Deadline: Donald Trump Proposes CNN A Second Town Hall & Calls Out ‘The View’ Co-Host Alyssa Farah Griffin

Stort from Deadline:

Donald Trump wants more airtime on CNN and is proposing the news network a second town hall.

Sunday 21 May 2023

Deadline: Warner Bros Discovery Boss David Zaslav Draws Jeers And Chants Of “Pay Your Writers!” During Boston University Commencement Address

Story from Deadline:

Jeers and chants of “pay your writers” greeted Warner Bros Discovery chief David Zaslav on Sunday as he delivered Boston University’s commencement address.

Saturday 20 May 2023

Deadline: James Gunn Blasts DC Rumors As He Begins Storyboarding ‘Superman Legacy’

Story from Deadline:

James Gunn is in the middle of storyboarding Superman Legacy and took some time off to address all the rumors about DC he’s read online.

Broadband TV News: Phil Nelson named Executive Vice President of CNN International Commercial

Story from Broadband TV News:

CNN Worldwide has appointed Phil Nelson to lead the network’s international business operations and its work with commercial partners outside of the United States.

Friday 19 May 2023

Deadline: Disney Removes Dozens Of Series From Disney+ & Hulu, Including ‘Big Shot’, ‘Willow’, ‘Y’ & ‘Dollface’

Story from Deadline:

Disney is starting to pull content from streaming, with dozens of series and specials slated to leave Disney+ and Hulu on May 26, Deadline has learned. The titles, which are being removed from Disney’s streaming services globally, include Disney+’s Willow, Big Shot, Turner & Hooch, The Mighty Ducks: Game Changers, Just Beyond, Diary of a Future President, The Mysterious Benedict Society and The World According to Jeff Goldblum and Hulu’s Y: The Last Man, Dollface, The Hot Zone, Maggie, Pistol and Little Demon. A number of Freeform series also are slated to leave Hulu.

Thursday 18 May 2023

Hollywood Reporter; Warner Bros. Discovery CEO David Zaslav: It’s Time to Bundle More Streaming Services Together

Story from Hollywood Reporter:

Warner Bros. Discovery CEO David Zaslav offered a look at his vision for CNN going forward, saying the goal is to “show both sides of every issue,” which includes bringing more Republicans on air.

Deadline: Paramount Global’s Lawrence Szabo Exits For BBC Studios Role In LA

Story from Deadline:

Paramount Global’s Lawrence Szabo is joining BBC Studios.

Deadline: “Republicans Are Back On The Air” On CNN, Cheers Warner Bros. Discovery Chief David Zaslav

Story from Deadline:

“Republicans are back on the air.

Media Guardian: Christiane Amanpour criticises CNN decision to hold Trump town hall

Story from Media Guardian:

The CNN anchor Christiane Amanpour has strongly criticized her own network for hosting a town-hall event with Donald Trump last week, saying she had “a very robust exchange of views” with Chris Licht, the chief executive under fire for approving and then defending the decision to stage it.

Deadline: Technical Knockout? Merged UFC-WWE To Be Called TKO Group Holdings

Story from Deadline:

The new, publicly traded company to be created by the planned merger of UFC and WWE will be called TKO Group Holdings, a reference to “technical knockout” in fighting sports.

Wednesday 17 May 2023

Deadline: ‘And Just Like That…’ Gets Season 2 Premiere Date On Max

Story from Deadline:

We knew it was coming in June, and now we have the date.

Deadline; HBO’s Casey Bloys On WGA Strike: “Hopeful That A Fair Resolution Is Found Soon With Writers”

Story from Deadline:

HBO boss Casey Bloys had a word or two to say about the ongoing strike while speaking at this morning’s Warner Bros Discovery Upfront in New York City.

Deadline: Max Ad Options Get Showcase At Warner Bros Discovery Upfront Ahead Of May 23 Streaming Rebrand

Story from Deadline:

Warner Bros Discovery closed its upfront presentation Wednesday with a tour for ad buyers of Max, the soon-to-be-rebranded streaming service combining programming from HBO Max and Discovery+.

Deadline: Conan O’Brien Finally Unveils Max Travelogue

Story from Deadline:

Conan O’Brien has been teasing his first Max (fka HBO Max) project for the last three years and it’s finally here.

Deadline; CNN Unveils Three Original Series At Upfront: ‘Columbia,’ ‘TinderBox’ And ‘Spy Wars’

Story from Deadline:

CNN unveiled three new non-fiction series at the Warner Bros. Discovery upfront, giving a glimpse of its plans after the unit was greatly scaled back last year.

Deadline: Warner Bros Discovery Unveils Warner Bros Discovery Stream, A Digital Gateway For Advertisers

Story from Deadline:

Warner Bros. Discovery announced at its upfront presentation Wednesday the launch of Warner Bros Discovery Stream, a new digital video offering bringing together all properties in its portfolio for advertisers.

Deadline: Kaitlan Collins To Host New CNN Primetime Show As Network Unveils Plans At Upfront

Story from Deadline:

CNN Worldwide CEO Chris Licht confirmed that Kaitlan Collins would be taking over the 9 p.m. ET primetime slot, filling a major hole in the network schedule as it faces sagging ratings.

Tuesday 16 May 2023

Deadline: Brian Roberts Says Comcast “More Likely Than Not” To Sell Hulu Stake To Disney; Calls Mike Cavanagh, Who Stepped In For Fired Jeff Shell, “Calming Influence”

Story from Deadline:

The CEO of NBCUniversal parent Comcast said it’s “more likely than not” the company will end up selling its third of Hulu to Disney, after his Mouse counterpart indicated clearly last week that this would be Disney’s preferred outcome.

Deadline; ‘The Rookie: Feds’ & ‘Home Economics’ Remain In Limbo At ABC; Renewal Decision Delayed

Story from Deadline:

With the added degree of uncertainty from the ongoing writers strike, ABC will not decide the fate of bubble series The Rookie: Feds and Home Economics before the network presents its fall schedule to advertisers Tuesday.

Deadline: Peacock Gets NFL’s First Playoff Game Livestream

Story from Deadline:

The NFL continues to wade deeper into streaming as Peacock will be the first to livestream a playoff game exclusively.

Deadline: ‘Nurse Jackie’ & ‘Weeds’ Sequels In Works At Showtime With Original Stars & Robert Greenblatt

Story from Deadline:

Showtime is looking to bring back two of its signature comedy series, Nurse Jackie and Weeds.

Deadline: Paramount Cutting Back Smithsonian Channel’s New York Hub As More Details On Cuts Emerge

Story from Deadline:

Paramount Global is cutting back the Smithsonian Channel’s New York Hub as more details about the U.S. layoffs emerge.

Deadline: Linda Yaccarino’s 11th-Hour Jump To Twitter Gets Shoutouts From NBCUniversal Execs Mark Lazarus And Mark Marshall At Upfront

Story from Deadline:

Mark Lazarus, chairman of NBCUniversal Television and Streaming, and interim ad sales chief Mark Marshall weren’t on the production call sheet until very recently for the company’s upfront at Radio City on Monday morning.

Deadline; ‘9-1-1’: Fox Execs On When & Why Decision To End Series Was Made & Future Crossovers With ‘Lone Star’

Story from Deadline:

In one of the biggest twists of the 2023 upfront, Fox opted not to renew its highest rated scripted series, 9-1-1.

Media Guardian: Vice is going bankrupt, BuzzFeed News is dead. What does it mean?

Story from Media Guardian:

In a seminal 2009 essay, Newspapers and Thinking the Unthinkable, the brilliant New York University professor Clay Shirky made the point that journalism as we had known it for decades was finished – and for good reason.

Media Guardian: Trump’s team revels in town hall victory as CNN staff rages at ‘spectacle of lies’

Story from Media Guardian:

Donald Trump believes he got everything that he wanted from the controversial town hall hosted by CNN, according to multiple people close to him, even as it embarrassed the network and prompted a wave of outrage, including from many of its own staff who were upset that it gave Trump a platform to lie to a large audience.

Saturday 13 May 2023

Hollywood Reporter: Endemol Shine Sues eOne Over ‘Hell On Wheels’ Profit Participation

Story from Hollywood Reporter:

Ahead of an expected sale, Entertainment One is being sued for allegedly shortchanging Endemol Shine North America out of its share of profits for Hell on Wheels.

Daily Mail: Megyn Kelly slams CNN's Kaitlan Collins' moderation of Trump town hall

Story from Daily Mail:

Megyn Kelly has slammed Kaitlan Collins' 'train wreck' town hall with Donald Trump on Wednesday, saying the anchor was 'ill-equipped' to deal with the former president.

Friday 12 May 2023

Deadline: Lionsgate Unifies Production & Acquisitions Groups Under Nathan Kahane

Story from Deadline:

Lionsgate has merged its Production and Acquisitions groups under a single Content banner, to be headed by Motion Picture Group president Nathan Kahane.

Deadline: Kaitlan Collins Speaks Out About Her Trump Town Hall, Calling It “Major Inflection Point” In Race For President; Critics Call It Something Else Entirely

Story from Deadline:

For the third time today, a prominent figure at CNN attempted to reframe the network’s roundly-criticized town hall with former president Donald Trump on Wednesday night, an event moderated by Kaitlan Collins.

Deadline; Anderson Cooper Addresses Backlash To CNN’s Town Hall With Donald Trump: “I Get It. It Was Disturbing”

Story from Deadline:

CNN’s Anderson Cooper devoted a portion of his primetime program to address the backlash against the network for its town hall with Donald Trump, in which the Republican spewed lies and misinformation before a friendly, cheering audience.

Media Guardian: Trump’s team revels in town hall victory as CNN staff rages at ‘spectacle of lies’

Story from Media Guardian:

Donald Trump believes he got everything that he wanted from the controversial town hall hosted by CNN, according to multiple people close to him, even as it embarrassed the network and prompted a wave of outrage, including from many of its own staff who were upset that it gave Trump a platform to lie to a large audience.

Broadband TV News: New partnerships for Warner Bros. Discovery Ad Sales

Story from Broadband TV News:

Warner Bros. Discovery has entered into new partnerships with 605, ABCS Insights, DISQO, EDO, LoopMe and Pilotly to further demonstrate greater attribution and efficacy of advertising campaigns across its linear, digital and advanced audiences.

Thursday 11 May 2023

Deadline: Disney Shares Fall On Mixed Quarter Amid Hulu & Succession Overhang; Wall Street Analysts Say Stock Undervalued

Story from Deadline:

Disney is the DJIA’s worst performer today with shares down over 8% after reporting fiscal second quarter earnings that were mixed and a bit messy as the company and industry reset.

Deadline: CNN Expected To Tap Kaitlan Collins For 9 PM Primetime Slot

Story from Deadline:

After moderating CNN’s town hall with Donald Trump, Kaitlan Collins is expected to be tapped as the new host of the network’s 9 p.m. hour, which has lacked a permanent occupant for more than a year.

Deadline; CNN’s Chris Licht Defends Donald Trump Town Hall: “I Absolutely, Unequivocally Believe America Was Served Very Well By What We Did Last Night”

Story from Deadline:

CNN Worldwide CEO Chris Licht defended the network’s town hall with Donald Trump amid criticism that the network was giving the former president a platform to spew lies and misinformation.

Deadline: CNN’s Donald Trump Town Hall Wins Time Slot With 3.3 Million Viewers

Story from Deadline:

CNN’s town hall with Donald Trump brought in 3.3 million viewers, enough for the network to beat its cable news rivals in the time slot and in primetime.

Deadline: Donald Trump Steamrolls Through CNN Town Hall — Analysis

Story from Deadline:

About 50 minutes in to CNN’s town hall with Donald Trump, moderator Kaitlan Collins told him, “The election was not rigged, Mr. President. You cannot keep saying that all night long.”

Deadline: Warner Bros Discovery’s Hour-Long Earnings Call Omits Any Mention Of WGA Strike, But CEO David Zaslav Tells CNBC He Believes “A Love For Working” Will End It

Story from Deadline:

Warner Bros Discovery’s hour-long earnings call with Wall Street analysts Friday morning included nary a mention of the WGA strike, unlike many other such calls in recent days.

Deadline; “Nasty Person”: Trump Insults CNN’s Kaitlan Collins During Live Town Hall; Newser Trolled Over Ex-POTUS’s Falsehoods

Story from Deadline:

CNN issued a statement about its town hall with Donald Trump, amid some harsh criticism that it gave the former president a platform to spew falsehoods.

Deadline: Paramount EVP Global Communications Jenny Tartikoff Departs Studio

Story from Deadline:

This just in….Paramount EVP Global Corp Comm Jenny Tartikoff is leaving the Melrose Lot. She’s be in the position since November 2021.

Deadline: Disney+ Loses More Subscribers But Overall Streaming Losses Improve As Company Posts Solid Quarterly Report

Story from Deadline:

The Walt Disney Co. reduced losses in its streaming business by 26% (about $200 million) in its fiscal second quarter as the company’s overall results matched Wall Street expectations.

Deadline: Endeavor To Pay Its First Cash Dividend, Plans Stock Buyback Ahead Of UFC-WWE Merger

Story from Deadline:

Endeavor will start making quarterly cash dividend payments of up to $25 million starting in the third quarter, is planning to repurchase up to $300 million worth of shares, and will pay down $50 million more in debt as sees its cash position improving with a big asset sale, and ahead of the planned merger of UFC and WWE.

Deadline: Paramount Division Run By Chris McCarthy Lays Off 25% Of Domestic Staff; MTV News Among Units Shut Down

Story from Deadline:

In the latest wave of industry layoffs, the recently combined Showtime/MTV Entertainment Studios as well as Paramount Media Networks, overseen by the division’s President and CEO Chris McCarthy, is reducing its domestic team by 25% today.

Deadline: Hadley Gamble Is Leaving CNBC; Exit Follows Comcast’s Firing Of NBCUniversal CEO Jeff Shell

Story from Deadline:

Hadley Gamble, whose complaints led to the firing of ex-NBCUniversal boss Jeff Shell late last month, is leaving CNBC, the network said today.

Deadline: Disney+ And Hulu Programming To Be Combined Into One App By Year’s End, Bob Iger Says

Story from Deadline:

Disney will roll out a single streaming app with programming from Hulu and Disney+ by the end of this year.

Deadline: Disney Pulling Some Content Off Streaming In Strategic Rethink

Story from Deadline:

Disney will be yanking content from streaming as it rethinks its costs and strategy, and is looking at a content impairment charge of $1.5 billion to $1.8 billion as it does.

Deadline: James Gunn Reveals Pete Davidson’s Secret ‘Guardians Of The Galaxy Vol. 3’ Role

Story from Deadline:

Pete Davidson jumped into the Marvel Cinematic Universe with a secret cameo on Guardians of the Galaxy Vol. 3.

Deadline; ‘S.W.A.T.’ Un-Canceled: Drama Starring Shemar Moore Resurrected At CBS With Season 7 Renewal

Story from Deadline:

It’s a done deal.

Deadline: Paramount Names Michael Engleman CMO Paramount+ Domestic & Showtime; Puja Vohra Is EVP, Consumer Marketing

Story from Deadline:

As the official rollout of “Paramount+ with Showtime approaches, the Paramount Global platform unveiled a unified Paramount Streaming Data & Marketing Group led by Domenic DiMeglio, EVP and chief marketing officer, Paramount Streaming.

Deadline; David Simon’s Deal Was Suspended Today By HBO; ‘The Wire’ Creator Has Written 25 Years For Network

Story from Deadline:

The Wire creator David Simon has become one of the many writers/producers whose overall agreements have been suspended because of the strike.

Deadline: Wolf Entertainment’s ‘Texas Justice’ Among Oxygen’s Latest True-Crime Slate

Story from Deadline:

Kelly Siegler, star of Oxygen’s Cold Justice, has a new series for the NBCUniversal cable network as it unveils its latest slate of true-crime series.

Deadline; ‘Game Of Thrones’ Spinoff ‘A Knight Of The Seven Kingdoms: The Hedge Knight’ Shuts Down Writers Room For Duration Of Strike, Says George R.R. Martin

Story from Deadline:

George R.R. Martin is expressing his full support for the Writers Guild and the ongoing strike.

Deadline: San Diego TV Station Acquired By CW Parent Nexstar For $35M

Story from Deadline:

Nexstar Media Group, which owns The CW and the largest group of local TV stations in the U.S., is adding an independent station in San Diego to its portfolio.

Digital TV Europe: Sky Italia secures exclusive Champions League rights

Story from Digital TV Europe:

Sky Italia has secured exclusive Italian rights to 185 out of 203 UEFA Champions League matches per season and all 342 UEFA Europa League and UEFA Conference League matches per season for the 2024-27 seasons.

Digital TV Europe: Matt Stagg exits Warner Bros. Discovery

Story from Digital TV Europe:

Matt Stagg, BT Sports director of mobile and immersive is stepping down from his role and departing Warner Bros. Discovery.

Broadband TV News: A+E Networks expands FAST footprint

Story from Broadband TV News:

A+E Networks EMEA has continued its expansion into the FAST space by launching its three FAST channels on Samsung TV Plus.

Broadband TV News: Huge job cuts at Paramount Global

Story from Broadband TV News:

Paramount Global is planning to reduce costs by shedding around 25% of staff in its domestic cable networks.

Broadband TV News: Sony Pictures and Warner Bros. Discovery extend CEE deal

Story from Broadband TV News:

Sony Pictures Television and Warner Bros. Discovery have announced an extension of their content agreement across Central Eastern Europe which will see titles from the Sony Pictures Entertainment slate of upcoming feature films and selected TV series shown exclusively on both HBO channels and the HBO Max streaming platform across the region.

Broadband TV News: Warner Bros. Discovery gains 7m streaming subs

Story from Broadband TV News:

Warner Bros. Discovery ended the first quarter with a total of 97.6 million DTC subscribers to its streaming services HBO, HBO Max and discovery+.

Media Guardian: Disney+ loses 4m subscribers amid exodus in Indian market

Story from Media Guardian:

Disney, known for Pixar, Star Wars and Marvel films, said its flagship streaming service lost 4 million subscribers in the first three months of the year.

Media Guardian: Tucker Carlson says Roger Ailes would ‘never have put up’ with liberal attack on Fox News

Story from Media Guardian:

Fox News was under attack from liberals and its former chief executive Roger Ailes would have “never put up with this shit”, Tucker Carlson told his producer in new leaked video of the fired Fox star.

Media Guardian: As 2024 elections near, US media grapples with how to cover Trump

Story from Media Guardian:

It claims to be the most trusted name in news. But on Wednesday it will devote an hour of prime time to a serial liar who sought to overthrow American democracy.

Saturday 6 May 2023

Deadline: Lionsgate Domestic Distribution Boss David Spitz Exits; STX’s Kevin Grayson To Replace Him

Story from Deadline:

Longtime Lionsgate Film Distribution Head David Spitz is exiting, Deadline has learned, with former STX distribution vet Kevin Grayson getting named President of Domestic Distribution of the studio’s motion picture group.

Deadline: Eight CBS Stations To Ditch CW And Go Independent This Fall

Story from Deadline:

The CW is about to lose eight important affiliates: the CBS owned and operated stations that are currently affiliated with the Nexstar-owned network will become independent in September.

Deadline: Warner Bros Discovery’s Hour-Long Earnings Call Omits Any Mention Of WGA Strike, But CEO David Zaslav Tells CNBC He Believes “A Love For Working” Will End It

Story from Deadline:

Warner Bros Discovery’s hour-long earnings call with Wall Street analysts Friday morning included nary a mention of the WGA strike, unlike many other such calls in recent days.

Deadline: David Zaslav Says Warner Bros Discovery’s Streaming Business Is “No Longer Bleeding”

Story from Deadline:

Warner Bros Discovery CEO David Zaslav has said the Warner Bros Discovery’s U.S. streaming operation is “no longer bleeding” after it posted a $50M profit for Q1 this year.

Deadline: Warner Bros Discovery Posts Wider-Than-Expected Loss In Q1, But Notes “Meaningful Turn” Toward Streaming Profitability

Story from Deadline:

Warner Bros Discovery matched Wall Street estimates for revenue in the first quarter, with $10.7 billion, but posted a wider-than-expected loss due to tough comparisons with the year-ago period.

Broadband TV News: Paramount+ tops 60 million as losses mount

Story from Broadband TV News:

Paramount Global’s streaming service Paramount+ gained 4.1 million subscribers in the first quarter to reach 60 million.

Media Guardian: Vice Media close to deal for sale out of bankruptcy

Story from Media Guardian:

Vice Media is nearing a deal to be bought out of bankruptcy by senior lenders in a process that will wipe out existing shareholders including James Murdoch.

Thursday 4 May 2023

C21 Media: Pichetto leaves Warner Bros Discovery, Aarón to lead content production in Lat Am and US Hispanic

Story from C21 Media:

Warner Bros Discovery has promoted Anouk Aarón to general entertainment content production leader for Latin America and US Hispanic, replacing Ricardo ‘Richi’ Pichetto, who is leaving the company.

Deadline: Paramount Slashes Dividend To Conserve Cash, Preps Simon & Schuster Sale, Cites “Disciplined Approach” To Headcount As Stock Plunges 25%

Story from Deadline:

In a dividend shocker this morning, Paramout Global said it’s slashing quarterly payouts to 5 cents, so 20 cents, annually — a major drop from about 24 cents a quarter or nearly a buck a year.

Deadline: Bob Bakish Says “Pretty Big Gap” Between Studios, WGA; Paramount Has “Many Levers To Pull” If Strike Prolonged

Story from Deadline:

Paramount CEO Bob Bakish said today that “writers are essential in creating content and… we hope we can come to a resolution that is good for everyone fairy quickly.

Deadline: Paramount Global Swings To Loss On Streaming, Soft Ad Market In Rough First Quarter; Stock Drops

Story from Deadline:

Paramount Global fell way shy of Wall Street forecasts with ongoing losses in streaming exacerbated by soft advertising at its TV/Media group last quarter and a dip in filmed entertainment as well.

Wednesday 3 May 2023

Variety; Dave Bautista and Zoe Saldaña Are Done With Marvel, but Chris Pratt Isn’t: Playing Star Lord ‘Would Be Strange’ Without James Gunn, but ‘I Would Do It’

Story from Variety:

With the release of “Guardians of the Galaxy Vol. 3” comes the end of James Gunn’s tenure in the Marvel Cinematic Universe.

Deadline: WWE Not Impacted By WGA Strike, CEO Nick Khan Says, But “Hopeful” For Deal Soon; Talks Rights Renewals, Endeavor Merger

Story from Deadline:

WWE CEO Nick Khan said Wednesday the company isn’t impacted by the WGA strike that started Tuesday.

Variety; Adam Conover Calls Out David Zaslav’s $250 Million Salary on Air at CNN: ‘The Same Level as 10,000 Writers’

Story from Variety:

Writer and comedian Adam Conover blasted David Zaslav, the Warner Bros Discovery CEO, during an interview with CNN on Tuesday, a company Zaslav also oversees.

Variety: Marvel Execs Talked James Gunn Out of Killing Gamora in ‘Guardians Vol. 2,’ but They Had Less Say Over Character Fates in ‘Vol. 3’

Story from Variety:

“Guardians of the Galaxy” writer-director James Gunn revealed in a recent interview with ComicBook.com that Zoe Saldaña’s Gamora was nearly killed off in 2017’s “Guardians of the Galaxy Vol. 2,” a year before the character met her demise in “Avengers: Infinity War.” According to Gunn, it was Marvel executives that talked him out of the decision.

Tuesday 2 May 2023

Advanced Television: DAZN launches 2 global FAST channels

Story from Advanced Television:

DAZN Group has launched two new FAST channels globally: DAZN Combat and DAZN Women’s Football.

Deadline: Vice Media Preparing To File For Bankruptcy

Story from Deadline:

Vice Media Group, the swashbuckling, youth-skewing digital media brand, is preparing to file for bankruptcy.

Monday 1 May 2023

Deadline; ‘9-1-1: Lone Star’ Renewed For Season 5 By Fox

Story from Deadline:

Fox has renewed 9-1-1: Lone Star, starring Rob Lowe, for a fifth season.

Deadline: ‘9-1-1’ Moving From Fox To ABC For Season 7

Story from Deadline:

In a clear sign of broadcast’s evolving business realities, Fox has opted not to renew its highest rated scripted series, 9-1-1, produced by 20th Television.

Deadline: Donald Trump Will Return To CNN, Long His Favorite Media Target, For Town Hall Event

Story from Deadline:

Donald Trump will make his first appearance on CNN in many years next week, when he appears in a town hall event sponsored by the network.

Deadline: Joe Biden Takes Swipes At Tucker Carlson, Don Lemon, Ron DeSantis’ War With Disney & Himself At WHCD; POTUS Promises To Bring Imprisoned Evan Gershkovich & Austin Tice Home

Story from Deadline:

“I believe in the First Amendment, and not just because my good friend Jimmy Madison wrote it,” joked President Joe Biden on Saturday at the White House Correspondents’ Association Dinner.